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• LangChain and unitQ Sign Leases at Creative Office Building in San Francisco’s SOMA District
3/19/25
Two new tenants have inked leases at 501 Second Street, a 236.9k sf, Class A creative office building in San Francisco’s SOMA district. The tenants are LangChain, an open-source software framework that facilitates the integra...
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• Doerken Properties Closes $35 Mil NoCal Retail Buy
3/18/25
In a recent Bay Area retail buy, Doerken Properties, led by Peter Doerken, has acquired Empire Shopping Center, a 123.1k sf asset in Antioch, for $34.8 mil, or $283/sf. It was sold by Dunhill Partners. The deal closed at a 6....
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• KB Homes Spends $57.8 Mil on San Ramon Office Building
3/13/25
KB Homes acquired Bishop Ranch 7, a 276k sf office building in San Ramon, for $57.8 mil ($209/sf) in an all-cash deal. The three-story building is located at the corner of Camino Ramon and Executive Pkwy, within the Bishop Ra...
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• Silicon Valley Data Center Leasing Doubled in 2024 Amid Growth in Artificial Intelligence
3/11/25
This report provided by real estate services firm CBRE
Silicon Valley data center leasing nearly doubled in 2024 despite severe power constraints and delivery delays, according to CBRE’s latest North American Data Center Tre...
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• Databricks Leases 150k sf Office Space in Downtown San Francisco
3/07/25
In what we’re told is the largest new office lease in San Francisco so far this year, Databricks Inc agreed to a deal for 150k sf of space at One Sansome in the city’s downtown area. Other terms of the transaction were not di...
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• Federal Realty Investment Trust Buys Monterey Retail Center in $123 Mil Deal
3/07/25
Federal Realty Investment Trust closed on a large retail investment buy, paying $123.5 mil for Del Monte Shopping Center, a 675k sf ($183/sf) retail property in Monterey. The property was sold by American Assets Trust Inc.
D...
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• Raising Cane’s Chain Spends $12.7 Mil for Retail Building in Berkeley
3/04/25
A 12.4k sf retail building in Berkeley was acquired by restaurant chain Raising Cane’s in a $12.7 mil ($1,024/sf) transaction. The property, which is currently anchored by Walgreens, will be the future location of a new flags...
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• San Francisco Bay Area Claims 11 of the Largest Office Leases in 2024
3/03/25
This report provided by CBRE
The San Francisco Bay Area claimed 11 of the 100 largest U.S. office leases in 2024, according to a new report from CBRE. Ten of those leases were signed by tech companies, and one by a life scie...
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• Recent Deals Bring Commercial Space Occupancy at Sunnyvale Mixed-Use Development to 80%
3/03/25
Recent leasing activity has brought the commercial space at Cityline, a new transit-oriented, mixed-use destination in downtown Sunnyvale, to over 80% occupied. And, the residential side is also seeing significant activity wi...
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• Brixton Capital Acquires 215k sf Bay Area Shopping Center for $67 Mil
3/03/25
Brixton Capital has acquired Washington Square, a 215.5k sf shopping center in the Bay Area city of Petaluma, for $67.5 mil, or $313/sf. The eight-building property was sold by El Segundo-based Paragon Commercial Group.
Th...
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• EBR Systems Leases 51k sf Bay Area R&D Facility
2/26/25
EBR Systems has leased a 51.1k sf, Class A research and development (R&D) building located at 4600 Patrick Henry Dr in Santa Clara. The company offers products that assist with cardiac rhythm disease by providing more physio...
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• Commercial Real Estate Financing Briefs
2/21/25
CBRE - Mike Walker, Jesse Weber, Andrew Behrens and Brad Zampa with CBRE’s Debt and Structured Financing team arranged $25 mil in financing for 88 Hillside Apartments, a 95-unit multifamily community in Daly City, on behalf o...
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• Upscale Res Project Finished in Mountain View
2/20/25
Avelle, a new upscale apartment community at the gateway to Mountain View in the Bay Area, has been completed and is now open. The 203-unit project, situated in the heart of Silicon Valley, includes 30 affordable homes. It wa...
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• Unique NoCal Planned Resort Development Listing Hits the Market
2/13/25
Paraiso Springs Resort, a 235-acre fully entitled, planned luxury resort and residential retreat in California’s Santa Lucia Highlands area, has been put on the market. The seller is a private family who has owned the propert...
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• Uber HQ Complex in San Francisco Refinanced with New Loan for $500 Mil
2/12/25
A two-building, 586.2k sf office complex in San Francisco’s Mission Bay neighborhood has been refinanced with a new loan for $500 mil. The property, located at 1655 and 1725 Third St, is owned by a joint venture between affil...
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• San Francisco Res Project Lands $108 Mil in Structured Debt
2/11/25
Presidio Bay Ventures has obtained $108.3 mil in structured debt to retire maturing construction financing for the Ventana Residences, a 193-unit, Class A multifamily community located at 99 Ocean Ave in San Francisco’s Outer...
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• Investor Lands $11 Mil Refi on Two Bay Area Industrial Assets
2/10/25
A private investor refinanced two Bay Area industrial properties with a new permanent loan for $11 mil. The financing was arranged by Gantry.
One of the properties is a single-tenant industrial building at 1941 Ringwood Ave ...
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• Sigray Leases 63k sf of Space in the East Bay
1/28/25
Sigray, a manufacturer of laboratory x-ray systems, inked a lease for 63.1k sf of space in Benicia. We’re told the deal, at 5500 East 2nd St, was the second largest lease in Q4 2024 in the Napa-Solano County industrial market...
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• Former Call Center in the Bay Area Sells for $11.5 Mil
1/27/25
ATI Windows bought Green Tech Plaza, a 103.2k sf, former call center property in Fairfield, for $11.5 mil ($111/sf). Built in 2000, the property is located at 5253 Business Center Drive.
Green Tech Plaza has over 40k sf of s...
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• Metropolis Investment Holdings Pays Off $150 Mil Loan for 600k sf San Francisco Office Tower
1/24/25
345 California Center, an iconic Class A office tower totaling 600k sf over 35 floors in the heart of downtown San Francisco, is now owned debt free by its long-time owner 345 California LP, an affiliate of Metropolis Investm...
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